đš Breaking News: Canadian Court Orders $1.2M Bitcoin Loan Repayment đš
In a groundbreaking move, the Supreme Court of British Columbia has ordered $1.2 million in damages in a Bitcoin-related loan dispute, marking another milestone in the legal recognition of cryptocurrencies.
Even more surprising, Bitcoin mining firm Rhodium Enterprises, which recently filed for bankruptcy, got court approval to take a loan in either USD or Bitcoinâdespite the wild price swings of Bitcoin making it tough to predict repayments.
This isnât the only big legal news in the crypto space. The US Supreme Court made headlines by ruling in favor of Coinbase in June, halting two major cases against the exchange. And over in Dubai, the courts just recognized salary payments in crypto as valid, signaling a big shift in the regionâs approach to digital assets.
The legal world is catching up with cryptoâwhatâs next?
#Canada #USCrypto #DubaiCrypto #BitcoinLoan #CryptoRegulation
